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<Ailing Nokia on Thursday surrendered its lead in the global smartphone market to rival Apple and shed more market share as it reported a steep net loss for the second quarter.
Nokia said it sold 16.7 million smartphones in the quarter, falling behind Apple's 20.3 million iPhones.
Its quarterly phone sales volume were down 20 percent from a year ago, missing analysts' forecasts, at a time when the overall global market grew around 10 percent.>
Nokia said it sold 16.7 million smartphones in the quarter, falling behind Apple's 20.3 million iPhones.
Its quarterly phone sales volume were down 20 percent from a year ago, missing analysts' forecasts, at a time when the overall global market grew around 10 percent.>